Innovex International, INC

Market Movers (8-K)

NYSE
Innovex International, Inc. announced robust second quarter 2026 financial and operating results, highlighted by significant year-over-year revenue growth and strategic acquisition completion.
Better than expected
NYSE
Innovex International, Inc. filed an amendment to its Form 8-K to update the number of shares issued as merger consideration for the acquisition of TCO Group AS.
NYSE
Innovex International, Inc. announces the acquisition of TCO Group AS for approximately $95 million, comprising $30 million in stock and $65 million in cash, to expand its oil and gas equipment offerings.
NYSE
Innovex International, Inc. reported the results of its annual meeting held on May 7, 2026, where directors were elected and executive compensation was approved.
NYSE
Innovex International, Inc. announced its first quarter 2026 financial results, reporting a net loss of $17 million on revenue of $239 million, a 1% decrease year-over-year.
NYSE
Innovex International's selling stockholders completed a secondary offering of 6.6 million shares, while the company concurrently repurchased 575,000 shares for $14.1 million.
Better than expected

Quarterly Earnings (10-Q)

NYSE
Innovex International, Inc. reported a net loss for the first quarter of 2026, primarily due to a significant legal settlement accrual, despite a slight increase in North American revenue.
Worse than expected
NYSE
Innovex International, Inc. reported a significant increase in revenue and operating income for the nine months ended September 30, 2025, driven by strategic acquisitions and market share gains, despite a decrease in net income primarily due to a prior-year bargain purchase gain.
Better than expected
NYSE
Innovex International, Inc. announced significant revenue and net income increases for Q2 and YTD 2025, propelled by strategic mergers and acquisitions.
Better than expected
Capital raise
NYSE
Innovex International's Q1 2025 revenue surged, fueled by the Dril-Quip merger and strategic acquisitions, though net income saw a slight decrease.
Worse than expected
NYSE
Innovex International reports a significant increase in net income for the third quarter of 2024, driven by a merger and a gain on bargain purchase.
Better than expected
NYSE
Dril-Quip's second quarter results show a net loss despite increased revenue, influenced by merger costs and foreign currency losses.
Worse than expected

Annual Reports (10-K)

NYSE
Innovex International, Inc. announced a 48% increase in revenues for 2025, driven by strategic acquisitions and market share gains, despite a decline in net income due to prior year's non-recurring gains.
NYSE
Innovex International's 2024 10-K filing reveals key financial data, strategic initiatives, and risk factors following its merger and acquisition activities.
NYSE
Dril-Quip files an amendment to its 2023 annual report to include a discussion of the year ended December 31, 2022 compared to the year ended December 31, 2021, reflecting a reclassification of inventory write-downs.
Better than expected
NYSE
Dril-Quip has filed an amended 10-K report to correct a misclassification of inventory write-downs and address a material weakness in internal controls.
Worse than expected
NYSE
Dril-Quip's 2023 10-K filing highlights a year of revenue growth, strategic acquisitions, and a focus on energy transition opportunities amidst fluctuating oil prices.
Better than expected

Insider Trading (Form 4)

NYSE
Innovex International, Inc. President of North America Mark Reddout sold 10,750 shares of common stock at $28 per share.
NYSE
Innovex International CFO Kendal Reed filed an amendment to correct the number of shares withheld for tax obligations.
NYSE
Mark Reddout, President of North America at Innovex International, filed an amendment to correct the number of shares withheld for tax obligations.
NYSE
Adam Anderson, CEO and Director of Innovex International, reported a transaction involving the sale of 8,929 common shares.
NYSE
Kendal Reed, Chief Financial Officer of Innovex International, Inc., acquired 2,072 shares of common stock on April 6, 2026, through a tax withholding transaction.
NYSE
Innovex International, Inc. reports a transaction involving President of North America, Mark Reddout, who acquired 2,072 shares of common stock.

Proxy Statements (Def-14A)

NYSE
Innovex International, Inc. announced its 2026 Annual Meeting of Stockholders to be held on May 7, 2026, outlining proposals for director elections, auditor ratification, and an advisory vote on executive compensation.
Delay expected
Worse than expected
Capital raise
NYSE
Innovex International will hold its annual stockholders meeting on May 14, 2025, to vote on director elections, an increase in authorized shares, a new incentive plan, auditor appointment, and executive compensation.
Capital raise
NYSE
Innovex International is soliciting proxies for its annual meeting, featuring proposals on director elections, increasing authorized common stock, adopting a long-term incentive plan, approving the accounting firm, and an advisory vote on executive compensation.
NYSE
Dril-Quip files additional proxy materials to update the Security Ownership of Certain Beneficial Owners and Management table included in the Schedule 14A filed on March 19, 2024.
NYSE
Dril-Quip, Inc. will hold its annual stockholder meeting on May 7, 2024, to vote on the election of a director, the appointment of PricewaterhouseCoopers LLP, and executive compensation.
NYSE
Dril-Quip's proxy statement details the election of directors, appointment of auditors, and executive compensation for the upcoming annual meeting.

Schedule 13D - Activist Investments

NYSE
A group of investment funds led by Amberjack Capital Partners completed a secondary public offering of Innovex International shares, reducing their collective stake to 33.2% while the company simultaneously repurchased shares.
NYSE
Amberjack Capital Partners and its affiliated entities have updated their beneficial ownership in Innovex International, Inc. to 42.4% and appointed Will Donnell to the company's Board of Directors.

Schedule 13G - Passive Investments

NYSE
Wellington Management Group LLP and its affiliates have reported beneficial ownership of 5.3% of Innovex International, Inc. common stock as of March 31, 2026.
NYSE
Brandes Investment Partners, L.P. has increased its beneficial ownership of Innovex International, Inc. common shares to 6,585,321, representing 11.13% of the class.
NYSE
The Vanguard Group has filed an amendment to its Schedule 13G, reporting 0% beneficial ownership in Innovex International Inc. due to an internal realignment.
NYSE
Brandes Investment Partners, L.P. has reported an 11.1% beneficial ownership stake in Innovex International, Inc. common shares.
NYSE
The Vanguard Group has filed an amended Schedule 13G, reporting a 7.07% beneficial ownership stake in Innovex International Inc.'s common stock.
NYSE
Brandes Investment Partners, L.P. has filed an amended Schedule 13G, reporting a beneficial ownership of 10.07% of Innovex International, Inc.'s common shares.